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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Dumbest thing to do
View:
Post by Oregonduck on Jul 27, 2022 1:26pm

Dumbest thing to do

Averaging down on a stock that had fallen precipitously.

You would be throwing good money after bad. People hate to admit they have made a mistake.

As the saying goes,"The reason the plane is in a dead spiral, is the reason it can't get out of it".

No insiders or their friends buying ahead of the looming 8-2 TD in next 2 wks, says this well looks to be another duster.
Comment by pacer001 on Jul 27, 2022 3:46pm
The dumbest think to do would be listening to you and wynjoe to sell! Now is the time to buy, buy, buy!
Comment by Wynjoe on Jul 27, 2022 3:53pm
It's not me telling lies ,damn lies, and more dammed lies,lol. On August 3 this company may be shut down.Many many hurdles and you seriously do not want to be holding this sham,stock I mean.MAJOR SELL SELL SELL!!!
Comment by C1v1k6 on Jul 27, 2022 4:15pm
the best part of this is when we have a really great Green day you are going to jump on here and tell everyone this is an absolute buy !
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